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Search Results 0 to 49 of about 66 (some duplicates have been removed)
FOX News
Dec 27, 2012 1:00am PST
. >> this is a manufactured crisis. we don't have a short-term deficit problem. we have a jobs and growth problem and we have a faltering recovery. we should put off the sequester. put off this grand bargain. come back. let the bush tax cuts expire. make sure the middle class doesn't have to pavement the schif a manufactured media drama. >> laura: wow, can you say out of touch? joining us now from new york is maxwell a democratic strategist and guy benson the political editor for "town hall.com." okay. this is quite something. we have been hearing from the obama white house, the congressional budgetffice and any number of conservative economistst that this is serious. that we have got to get this thing done that we have got to get it in order. or at some point america's full faith and credit is going to go away. we are not going to look so good to the rest of the world as far as credit risk. so let's talk to you about this. is this a manufactured media crisis or does something substantial need to be done here? >> well, i certainly think that the fiscal cliff, that language is a manufactured media narrative.
MSNBC
Dec 23, 2012 5:00am PST
the deficit so social security cuts remain on the table but in the mean time, the president proposed his own plan b, to extend the bush tax cuts on income under $250,000. >> once this legislation is agreed to, i expect democrats and republicans to get back to washington and have it pass both chambers and i will sign the legislation into law before january 1st of next year. it's that simple. >> well, i was surprised by the events this week in terms of the boehner total disaster. i just -- i didn't really get the whole plan from the beginning and i don't understand why you have people vote for a tax increase that mappings to break the pledge that they've all signed but it has no chance of becoming law and clearly, his caucus didn't understand it either. dillon what did you think? >> two things. first and foremost, i think boehner was trying to get action in washington, which we haven't seen and people have been very critical of this move. i thought it was a fairly shrewd political move in that if they were able to actually get the package passed -- >> right. >> it would have put the ball back
CSPAN
Dec 23, 2012 7:00am EST
-defense cuts, and you have this huge amount of revenue, deficit reduction, it is hard to see what demands the republicans think will be easier to make, the new year. guest: you have also seen all the polls that show that the president's popular the is close to an all-time high, and the polls show definitively that the republicans will be blinged if we go over the cliff and taxes go up. that was before the debacle of this past week. it has been a bad week for conservatives. it sounds to me like they're continuing to be a little delusional. host: when you make a public threat, you better be able to back up -- guest: washington wizards might have had a worse week. from a political standpoint, this was a monumental embarrassment for the speaker. host: i want to make sure i get the title of this correct. "the guide to the federal budget." how big is the federal budget? how much do take in? , to do spend? how much is $16 trillion? >> total payroll spending will be about $3.80 trillion. revenues will be about $2.80 trillion. we have a deficit of about $1 trillion. that is for fiscal 2013. that a
CSPAN
Dec 27, 2012 7:00am EST
the difference between the annual deficit and the national debt. the national debt is the fiscal cliff. we say it's unsustainable. from a mathematical standpoint, it is almost insurmountable. the only thing these taxes will do, i have graduate students who could not put into words what a trillion dollars was. host: go ahead and finish your thought on what these taxes will do. caller: what they will do is they will give the politicians a little leeway to fool around with the national deficit, the annual deficit, but they will not put a dent in the $16 trillion debt that we owe. that is the problem. host: we appreciate that call. over the past couple weeks, c- span has been conducting interviews with some of the retiring members. we have been showing those interviewed this week. tonight, one of the retiring members we spoke with is representative lynn woolsey, a democrat of california, served about 20 years. here's a portion of that interview. [video clip] >> i was on welfare because my children, ages 1, 3, and five years old, their father was diagnosed manic depressive, he would not do anything ab
CSPAN
Dec 27, 2012 10:00am EST
reduces the deficit $23 billion. the last farm bill that we passed was completely paid for at my insistence, as budget committee chairman. if everybody else were functioning the way the agriculture section has, we would not have a problem. we in the agriculture committee face up to reality. we had more pay-for spend expenses. -- baena expenses. i think it demonstrates this is possible to do. by you've got to have leadership. and you've got to have people who are willing to make some tough decisions to get it done. >> we have about five minutes. you have decided to leave your papers to george washington university. why is that? >> i went to george washington university and got my master's in business there. they are tremendous resources there to take advantage of this collection, which is really loaded with history. >> what kind of things will researchers and historians find in your papers? >> they will find that kent conrad has had a single-minded focus on fiscal responsibility for 26 years. my staff says a remarkable thing in looking at this collection is how consistent i've bee
CNN
Dec 26, 2012 11:00pm PST
to our deficit in this country is rising health care costs. do we need to tangle those? how do they interact with the changes that are going to be set up across the country. is it going to cost the taxpayer more or less? all those have to be in the realm of realistic facts and figures. >> you're in arizona today. many of your constituents worked over the holidays. do you think congress should have stayed in washington to work for an agreement? >> absolutely. absolutely. once you know, once the boehner plan "b" collapsed, all we got was a notification, you can go home. we'll call you when we're ready. boehner's got to get off -- the majority of the majority must agree to something. it's going to take democratic votes to pass a tough fiscal compromise and unless there is inclusion and discussion on both sides of the aisle about this issue, that compromise gets tougher and tougher. >> thank you for coming "outfront." >> appreciate it. thank you. >> now, on the other side of the aisle. republican congressman of wisconsin. congressman, you just heard your arizona colleague say you a
CSPAN
Dec 22, 2012 9:05pm EST
in a nation with $16 trillion of debt, with an annual deficit of more than $1 trillion by simply talking about raising revenues of the top 2%. you can take all the revenue, all the revenue from the top 2% and you simply could not close the annual deficit. that's a challenge. it's a challenge and it's a place where senator jim demint has led. senator jim demint has led in a way that few others have led and he's been consistent, he's been transparent and he's been succinct, and that is why there is no way to fill his shoes. there's no way to have another jim demint in america. i'm so thankful that we in south carolina, we don't lose jim demint, that we see jim demint go to a bigger, greater opportunity. there is no one else in south carolina than lindsay graham. senator graham has served his state incredibly well. he understands the foreign affairs are real like no other. i look forward to learning more about foreign affairs from senator graham. i will also say that over the last two years i've had the privilege of gaining a new family. some people don't think we look alike, but sometimes we do.
CNN
Dec 22, 2012 4:30am PST
on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> congress is also in recess until after christmas. in his weekly address, house speaker john boehner accused the president and senate democrats of failing to offer a responsible solution. boehner's own proposal had to be pulled this week after he failed to get enough support from fellow republicans. >>> and the national rifle association promised meaningful contributions to avoid another tragedy like the one in newtown, connecticut. friday, the gun rights group unveiled that plan. nra executive vice president wayne lapierre says the u.s. should put armed guards in all schools. the comments came one week after 20 children and seven adults excludeing the gunman were killed in one of the worst mass shootings in u.s. history. >>> and what was a poorly guarded secret in washington, john kerry nominated to the next secretary of state. susan rice was believed to be the first choice, but she pulled her name out of the running after several members of congress attacked her responses to the
CNN
Dec 26, 2012 7:00pm PST
. >> they could have had a more popular message about cutting deficit spending, right? >> the truth is they would have been a lot better off taking the deal that boehner was negotiating with president obama way back when. it was a better deal all the way around. they missed that moment. but i think the real thing is who pays the price. the people who are going to pay the price are the americans, the middle class. this is crazy. it's nuts to be putting us through this. >> all of the focus on tax cuts. but the revenue from increasing the taxes on the wealthy will barely make a debt in the deficit to say nothing of the trillions in debt we're talking about. is this just a symbolic fight this the president is determined to win off his election? >> it's not symbolic. there will be money raised if the taxes are left to expire. but let me just bring up a point. no democrat and certainly not this president has said there should be no spending cuts. on the contrary this president has put on the table an extraordinary amount of spending cuts to the chagrin of many democrats i might add. are they to the ext
CNN
Dec 26, 2012 10:00pm PST
deficit spending, right? >> the truth is they would have been better taking the deal that john boehner negotiated with president obama way back when. they missed the moment. i think the real fear is who pays the price. i think the republicans has a point but will pay the price and the real people that will pay the price are the americans, the middle class. it is crazy to put us through this. >> all of the focus on tax cuts but the revenue from increases the taxes on the wealthy will barely make a dment the deficit to say nothing of the trillions of dollars in debt we are talking about. it is a symbolic fight the president is determined to win off of his re-election. >> it is not symbolic. there will be money raised if the tacks for the top 2% are left to expire. let me bring up a point. no democrat and certainly not this president, has said there should be no spending cuts. on the contrary. this president has put on the table quite an extraordinary amount of spending cuts to the sh grin of many democrats, i might add. are they to the extent the grand bargain was several months ago last
FOX
Dec 28, 2012 5:00pm EST
of more economic growth and deficit reduction. guys, i can hear you over here. i believe such proposal could pass both houses with bipartisan majorities, as long as those leaders allow it to actually come to a vote. if members of the house or the senate want to vote no, they can. but we should let everybody vote. that is the way this is supposed to work. if can you get a majority in the house, then can you get a majority in the senate, then we should be able to pass a bill. so the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. america wonder yes it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going have any patience for a politically self-inflicted wound to our economy. not right now. the economy's growing but sustaining that trend is going to require elected officials to do their jobs. the housing market is recovering but that could be impacted i
FOX News
Dec 27, 2012 3:00am PST
program run a billion deficit in 2012 . as the program brought in over 725 billion in cash and spent more than it earned it is costing 773 billion. >> julia: and you are surprised. benefits reached over 8 million and 820,000 in increase in november . so something shady is going on here. >> you used the word shady . i think that is a pretty good word to use. definition of who is disabled is expanded over the yearrs and recently, as you have a massive rise in unemployment and work force clinking and clearly some people are taking the disability option as opposed to staying in the work force. you can call it shady or financially unfortunate but it is happening. we never had as many people on disability ever before. >> clayton: republicans have a look at entitlement programs and we are trying to reign in the excessive spending. >> there are no serious cuts from president obama. there is serious effort at reforming. medicare and medicare. a lot of people don't say social security is enment. it is an insurance program. but it is enormous amount of money flowing out than in and it is getting wor
CNN
Dec 22, 2012 7:00am PST
, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> reporter: you hear we are talking about the words "achievable goals." the reality here is we have fewer days to work with, less talk about some sort of a grand compromise, and more talk about trying to do something to get things done for americans. randi? >> what do you make of the language and tone? i mean, is any sense of a deal sort of evaporating judging from what we're hearing from both sides, tough talk? >> at the very least, we aren't hearing a lot of warm words between the two toward each other. we know they've been working on this for weeks. you just don't hear that thawing when you hear them talking as they did just within the past 24 hours. shows a lot of work to be done in the next few days. how much is behind the scenes when they're divided geographically is the part we don't know. >> yeah. the president certainly also asking -- suggesting that everyone needs time to cool down. will this new proposal pass with republicans, do you think?
FOX News
Dec 27, 2012 10:00am PST
, if we want to make a dent in the deficit. i mean this is the choice that is going to be in front of us. if, we have to do four things if we want to reduce the deficit. we have to get more revenue, we have to cut domestic spending, we have to trim and reform the health care programs in particular of medicare and medicaid and we have to cut defense. if we do all four of those things we can make significant down payment getting deficit under control. if we do some of them, the numbers are not there enough to make as much progress as we want. this is where mark and i agree. over next six to nine months we could see substantial progress towards smart fiscal policy in the country if the two parties come together. heather: we'll see what happens. thank you both very much for joining us until monday night. thank you. >> merry christmas. happy new year. [heavy breathing]. gregg: boy, remember that, video from april of 2011. monster tornado tearing through tuscaloosa, alabama, devastating the community and alberta baptist church. ever since then the church's pastor has been fighting insurers and
CNN
Dec 22, 2012 9:00am PST
for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> the president's solution of raising tax rates would still leave red ink for as far as the eye can see. and it would hurt jobs at a time when far too many of our citizens are struggling to find them. >> reporter: the difference now, miguel, is in discussion is this for small package that would really only deal with making sure these tax increases don't happen and that these unemployment benefits are extended as the white house sees it. but the bigger issue of trying to deal with deficit reduction of entitlement reform, tax reform that is being put on the shelf right now. >> kicking the can down the road, i suppose. if there is no deal, will workers see extra taxes coming out of their paychecks starting january 1? >> that's the thing. technically taxes increase on january 1st. but if you were looking at your paycheck and trying to figure out am i going to be seeing this here just a matter of a couple weeks, no, actually. we wouldn't expect that you would be seeing your taxes in
CNN
Dec 29, 2012 2:00pm PST
to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. >>> but in a last minnesota minute compromise, both sides agree to $1 trillion in spending cuts up front, and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect, starting january 2013. at the exact moment when those bush tax cuts extended for two years, if you remember, would expire. so the point is, we could have all seen this coming and some of us did. we yelled at the top of our lungs about it, but we were drowned out by the election. it seems common sense and good governance often get drowned out by seemingly endless a
MSNBC
Dec 22, 2012 11:00am PST
getting close to some sort of a deal, a deal that would have dealt with deficit reduction as well as tax reform, but that all fell apart and now there's a big question mark about how they move forward and the president himself acknowledging when he addressed the nation on friday that given the tight timeframe, hopes for a larger deal have all, but faded and he's calling on congress to work together to just get a deal that would have at the very least extend lower tax rates for those making $250,000 or less and also to extend unemployment insurance and to help lay the groundwork for deficit reduction in the future. right now the expectations have been lowered a great deal in terms of what is actually possible and you heard the president say that he is still optimistic that something can get done before the january 1st deadline and of course, there's a lot of pressure for these lawmakers to get something done because if they don't the economy could go back into a recession eventa you willy. >> kristen well wiker with the president in hawaii. >>> joining me now from his home district in ver
MSNBC
Dec 29, 2012 12:00pm PST
. that plan would have dealt with tax reform and deficit reduction and this will be a much more scaled back version that will deal with the issue of taxes and that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to increase on those making $250,000 or less. republicans have said that's way too low. so they're thinking about potentially compromising on a rate that would be $400,000 or $500,000, but some republicans are saying they don't think that the tax rate should go up on anyone. so taxes still the major sticking point. right now the negotiations are going on the hill and there's a lot of optimism that came from the talks yesterday. of course, president obama hosted congressional leaders at the white house and they left that meeting and many said that it was constructive and they were optimistic that a deal could get done and i've been talking to my sources today and that same optimism isn't really present right now. there's more skepticism about a deal getting done and it is still very early in this process and this is a fluid s
KRON
Dec 21, 2012 5:00pm PST
insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >>reporter: the remarks came after house speaker john boehner failed to muster enough of his party's support to bring his "plan b" to the floor. his proposal would have effectively raised taxes only on those americans making more than one million dollars a year. >> we had a number of our members who just really didn't want to be perceived as having raised taxes. >>reporter: the two sides each left the capitol for the christmas holidays, blaming the other for inaction. democrats said thursday's failure in the house pointed to a need for more compromise by the g-o- p. >> house republicans have gotten the message loud and clear that a comprehensive solution to the looming fiscal cliff will need to be a bipartisan solution. >>reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he is the only one that can do it. this isn't john boehner's problem to solve. >>reporter: without a deal, steep tax hikes and massive government spending cuts
KRON
Dec 23, 2012 8:00am PST
victory instead it was the lakers to came back from a 14 point deficit. they beat the warriors in overtime, 118- 115 kobe bryant, no surprise lead all scorers with 34 points. >> still ahead on kron 4 news weekend we are keeping an eye on the weather. this live look as you can see wet weather and wind. mike pelton will give us an update. >> we left a little hot dog place, we went to victoria secrets, h and m. banana republic, basically every store. >> like see if there procrastination let to the discounts. >> of nassau and beyond the biggest stories of 2012. >> this is corta madera we have been following the rain and its started there in the north bay. to get you more news faster, our solo reporter, mike pelton. mike, you are at the shopping center. >> isabel, this is one of the worst i have seen it. very nasty conditions that the wind is picking up. as i panda the camera out. this construction cohn just went flying across just to give you an idea of the conditions. let me show you a video of the last several hours. there rain is continuing to pound but on the screen it has been like this a
CNN
Dec 22, 2012 11:00am PST
of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an aachievable goal. that can get done in ten days. >> the president's solution of raising tax rates would still leave red ink as far as the eye can see and it would hurt jobs at a time when far too many of our citizens are struggling to find them. >> reporter: but so now, miguel, the plan is to just deal with
CSPAN
Dec 22, 2012 7:00am EST
if you are wondering about reducing our deficit next year. host: candace on our line for independents. caller: i am never been able to get through before thank you for taking my call. unfortunately, i have to say that the republican congress is not going to do anything. you have to look that the last 03 years. they have not done a thing. the-you have to look at the last -- you have to look at the last two years. they have not done anything about job ax or the infrastructure build. i read an -- they have not done anything about the jobs act or the infrastructure build. i read an article about $2.60 trillion could be saved without touching safety nets. it is a well-written article. he talks about how eliminating unproductive and unnecessary tax spenders. the-tax expenditures. he especially talks about -- he especially talks about tax cuts. caller: -- guest: the republicans have been talking about spending cuts. it is true that they have not been as eager to pass the president's's stimulus plan. predictably, those two things conflict. the republicans want to go in the other direction. it
FOX News
Dec 27, 2012 12:00am PST
on growth and deficit reduction. >> that means taxes go up for some now and spending cut on medicare and other programs are kicked to another date. >> what the president offered so far won't do anything to solve the spending problem and begin to address the crippling debt. >> gallup in early december saying 58% of the public thought we'd avert the fiscal cliff. new poll shows it's dipped to 50% thinking that. the public thinks we are headed for a big problem. >> doug: breaking news from treasury secretary geithner it go about the debt ceiling. are we about to go to default? >> yes and no. secretary gite it go says today that we will hit debt ceiling on december 31, new year's eve. it only buys a couple of months. it proves even if we get through the fiscal cliff situation we are headed for a major showdown next year. >> doug: ed henry traveling with the president in honolulu. what happens if we go over the fiscal cliff? molly henneberg explains it means more money of the of your wallet. >> taxes are going up on everyone immediately. if washington can't come to a deal on the fiscal cl
KRON
Dec 21, 2012 8:00pm PST
for further work on both and deficit reduction. >> pam: this comes after house speaker john boehner failed to gain enough of his party's support. to his "plan b". his proposal would have raised taxes only on those americans making more than one million dollars a year. without a deal, steep tax hikes and massive government spending cuts are set to trigger after january first. as the fiscal cliff countdown continues. house and senate members have already recessed for the holidays. >> president obama will nominate senator john kerry as the next secretary of state. he made the announcement at the white house today. current secretary of state hillary clinton is stepping down in january.u-n ambassador susan rice was reportedly on the short list, but took herself off it, citing a "lengthy, disruptive, and costly" confirmation process after republicans took issue with her remarks on the deadly benghazi attack killed 4 americans in libya. >> and after the president's busy day. he and the first family are now heading for hawaii. the president, first lady and their two daughters boarded air force one
CSPAN
Dec 21, 2012 10:30pm EST
. for the last few weeks, i have been working with the leaders of both parties on a proposal to get our deficit under control, to avoid tax cuts -- to avoid tax hikes on the middle- class. and to make sure we can spur jobs and economic growth. a balanced proposal that cuts spending, but also ask the wealthiest americans to pay more, a proposal that will strengthen the middle class over the long haul, and our economy over the long haul. in the course of these negotiations, i offered to compromise with republicans in congress. i met them halfway on taxes and more than halfway on spending. today, i am still willing to get a comprehensive package done. i still believe that reducing our deficit is the right thing to do for the long-term health of our economy and the confidence of our businesses. i remain committed to working towards that goal, whether it happens all at once, or whether it happens in several different steps. but in 10 days, we face a deadline. in 10 days, under current law, tax rates are scheduled to rise on most americans. and even though democrats and republicans are arguing about
CNN
Dec 21, 2012 11:00pm PST
and deficit reduction. that's an achievable goal. that can get done in ten days. >> yesterday the house speaker john boehner failed to garner enough support from his own party to even hold a vote on his plan to raise taxes for those with an income over $1 million. >> while we may have not been able to get the votes last night, to avert 99.81% of the tax increases, i don't think they weren't taking that out on me. they were dealing with the perception that somebody might accuse them of raising taxes. >> "outfront" tonight, chief white house correspondent jessica yellin and dana bash. ladies, nice to see both of you. jessica, we'll start with you. the president's message was short and sweet and kind of basic. what do you think is different this time around in what he is saying? >> well, what's different is it is less than two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done tod
CNN
Dec 22, 2012 2:00pm PST
with deficit reduction that would have dealt with these tax hikes, spending cuts, trying to work out a plan for entitlement reform and tax reform. what's now being worked out is to avert those tax hikes. as president obama wants it, he wants it up to folks earning $250,000, and also wants to deal with unemployment insurance getting that he can extended for unemployed americans but that bigger stuff kicked down the road. >> brianna, will americans actually see their paychecks affected january 1st without a deal? >> reporter: if no deal, that is not expected. technically, the tax hikes would go into effect then, don. but there would be a whole lot of pressure on washington to act, even if we were to go over the fiscal cliff. and because of that, payroll processors would wait to use the new math, if you will. and a lot of people wouldn't see an increase in the taxes taken out of their paychecks until late january or early february when it was clear that the fiscal cliff was here to stay. >> brianna, i am not by nature a jealous person at all. but are you in waikiki? is that waikiki? because i
FOX News
Dec 21, 2012 4:00pm PST
and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and maybe we'll all come together. take a listen. >> sing some christmas carols, enjoy the company of loved ones. and then i would ask every member of congress while they are back home to think about that think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if congress does nothing at all. >> now, i can hear the helicopters warming up there on the other side of the white house from where i am on the south lawn. the president will be heading to andrew's air force base in a moment. is he going to hawaii tonight. on his way out the door told us "see you next week." which means he will be coming back after christmas before new years to try to work this out with lawmakers. he also suggested maybe they have eggnog over the holiday. maybe he thinks that will grease the skids. >> harris: eat cookies and sing carols for the rest of us across the country. you get the accepts he is trying to calm
MSNBC
Dec 22, 2012 12:00am PST
and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> you know, president obama today could have come out, and he could have just punched boehner right in the nose. he could have come out and kicked the guy today when he was politically down. but the president came out today with a demeanor of, hey, let's do a deal. it was a rough night at the office, but let's not give up on this. president obama has gone back to the basics. the days of the grand bargain he knows are over. but the president wants an extension on tax cuts for income below $250,000, as well as extended unemployment benefits. what's wrong with that? spending cuts can be dealt with later on in the future. and, of course, as luck would have it, there is already a bill exactly like this sitting in the united states senate. harry reid passed it back in july, and republicans refused to vote on it. boehner, why don't you vote on that? the time for complaining about this deal, totally over. >> nobody can get 100% of what they want, and this is n
MSNBC
Dec 27, 2012 7:00am PST
is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think that's what will happen again. >> it seems like they could even say what will happen. at this point i'm going to side with pollsters saying it won't happen. boehner is at his weakest point ever. to push something through. doing that would weaken him even further. he still needs to be elected speaker on january 3rd. if you're boehner, you let this thing slide past january 3rd, getting yourself elected, and then do what you have to do. >> will he be stronger in. >> he won't be stronger. there will be about eight more d
MSNBC
Dec 28, 2012 8:00pm PST
then for additional deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. that's the bare minimum that we should be able to get done. >> majority leader reid is ready to follow through on an up or down vote. reid said in a statement -- "at president obama's request, i am readying a bill for a vote by monday that will prevent a tax hike on middle class families, making up to $250,000, and that will include the additional critical provisions outlined by president obama." president obama pointed out the danger of inaction. >> the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. the housing market is recovering, but that could be impacted if folks are seeing smaller paychecks. the unemployment rate is the lowest it's been since 2008. but already, you're seeing businesses and consumers starting to hold back, because of the dysfunction that they see in washington. >> the president's stern statement echoed the concerns of the american people, who are tired of washington gridlock. >> outside of was
MSNBC
Dec 29, 2012 1:00pm PST
and deficit reduction. >> everything that has been happening in the last several hours has been happening behind the scenes. we have correspondents tracking everything for you. we have luke, luke, i will start with you this hour. the senate officially reconvenes tomorrow afternoon. i assume that there's a lot of closed door talks going on right now. is that true? what can you tell us? >> reporter: that is true, staff from harry reed and mitch mcconnell have been negotiating through the daout the day and in picked up. we have heard that both sides are not budgeting. but we don't know, things can change at any moment. if we have to gauge how to talks have gone so far from the conversations we have had here around capitol hill, they have not been too good at the moment. all that being said though, craig, there's a lot that can happen over the next 48 hours. the deal obviously is to try to have something on the floor that can pass the house of representatives by new year's eve. that is why it's so difficult, craig. you have mitch mcconnell and harry reed trying to get something passed. so the
KRON
Dec 24, 2012 4:00am PST
million americans, protect middle america the middle income americans and also work on deficit reduction. >> the president solution would still leave red ink as far as the eye could see. and difficult for jobs. >> this is it difficult for the brink of perpetual gridlock. >> this is likely that we will go over the fiscal cliff and not and if we allow that to happen. would be the most concord consequential, terrible act of gridlock. >> president obama is in hawaii but could possibly cut his vacation short to hammer out a deal. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts care protections. such as staffing levels, health benefits, and sick days. strikers say hospital officials want to reduce the number of paid sick days for nurses and technicians, while eliminating health care coverage for those who work fewer than 30 hours a week. >> analysts say many shoppers haven't been in the holiday spirit when it comes to spending money. the four-day black friday we
NBC
Dec 28, 2012 5:00pm EST
then for additional deficit reduction and economic growth steps we can take in the new year, but let's not miss this deadline. that's the bare minimum we should be able to get done. it shouldn't be that heart since democrats and republicans both say they don't want to see taxes go up on middle-class families. i just have to repeat. outside of washington, nobody understands how it is that this seems to be a repeat pattern over and over again. ordinary folks, they do their jobs. they meet deadlines, they sit down and they are discuss things, and then things happen. the notion that our elected leadership can't do the same thing is mind-boggling to them. it needs to stop. so i'm modestly optimistic that an agreement can be achieved. nobody will get 100% of what they want, but let's make sure middle-class families and the american economy, in fact the world economy, aren't adversely impacted. thank you very much, everybody. >>> right now at 6:00, president obama just wrapped up a news conference in which he said he is modestly optimistic a deal can be reached to avoid the fiscal cliff. >>> doug is t
FOX
Dec 22, 2012 10:00pm EST
. deficit only six points. let's go later in the first half. hopkins inside to porter. second half, off the au miss, troutwig off the break. he gets the return pass. georgetown defeats au 65-48. next up, marquette, january 5 in their big east opener. >>> governor's classic, mason facing richmond. first half. mason misses but this one gives mason the first lead. we are tied to go. five seconds to g mason can win it. wright lets it go, he sinks the 3 at the buzzer. that is the game winner. wright had a game high 22 point. mason defeats richmond 67-64. >>> an eagles-redskins rematch tomorrow in philly. remember when the redskins won 57-6. griffin iii completed this long pass to santana moss. the eagles have been 1-5 since then, but they had a da what tick win last week. >> i don't think that everybody is taking a big picture right now. we can do that after the season when we are happy. right now, everyone is focused on one game at time. that's the attitude that you have. no one his the locker room excited. we go on a win streak and control our own destiny. everybody is focus on what we ha
CSPAN
Dec 27, 2012 5:00pm EST
a favorable path towards achieving the fiscal cliff? guest: a $1 trillion budget deficit we have been running annually, that is unsustainable. something needs to be addressed. the shrinking of the time. we have, one has to get something done quickly and then a grand bargain as to get done in the springtime to fundamentally address the long- term budget deficit. but we have to get over the short-term obstacle. we're not looking for any specifics related to whether it should be government spending cuts, tax increases, but one thing we are very mindful of is that some politicians have been discussing a mortgage interest deduction as a revenue source. we are opposed to that. 7500 homeowners will be impacted by that. we are aware of that being on the table. host: when you talk of a grand bargain later on, if you are looking at the short term fix and then a grand bargain later on, the mortgage interest deduction could go away. would the realtors fight that deduction? guest: i don't think it will go away. it always comes on the table every decade or so. it's been in place a hundred years. we have to
MSNBC
Dec 24, 2012 10:00am PST
that would have addressed tax reform as well as deficit reduction. those talks, of course, fell apart. house speaker john boehner tried to get an alternative plan through the house. that didn't work out. now the focus shifts to the senate. senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new year's was 1996. that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's trav
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